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Ethics
The study of morality in the context of everyday life and organizational behavior.
Utilitarianism
An ethical theory that promotes actions that maximize happiness or pleasure for the majority.
Deontology
An ethical perspective that focuses on rules and duties rather than outcomes.
Stakeholder Theory
The view that corporations have responsibilities to a wider group of stakeholders beyond just shareholders.
Corporate Social Responsibility
A business model that helps a company be socially accountable to itself, its stakeholders, and the public.
Legal Compliance
Adhering to laws and regulations as the minimum standard of conduct.
Moral Excellence
Acting in a manner that is ethically commendable and morally upright.
Philosophical Perspectives
Various frameworks used to analyze and understand ethical dilemmas and moral questions in business.
Virtue Ethics
A perspective that emphasizes the role of individual character and virtues in ethical decision-making.
Reputation
The perception of an individual or organization based on their past actions and conduct.
